CBDCs on the horizon: The current state of CBDC initiatives around the world
Source: Cointelegraph Central bank digital currencies (CBDCs) have long been a topic of contested discussion, having often been met with a predominantly negative response in the crypto community. However, despite the skepticism, CBDCs undeniably serve as a significant use case for blockchain technology. BDCs distributed through blockchain technology can provide cheaper, faster and possibly more […]
Successful testing paves way for CBDC use cross-border
Source: Swift Central and commercial banks see “clear potential and value” in Swift’s pioneering CBDC interoperability solution, following successful testing in a sandbox environment. Central bank digital currencies (CBDCs) are clearly gaining momentum. But as central banks around the world continue to explore the potential use of central bank-backed digital money in their local markets, […]
The State of Global CBDC Adoption with Darrell Duffie
Source: Ripple Each quarter we’ll be going under the hood with professors from Ripple’s University Blockchain Research Initiative (UBRI) to gain a deeper understanding of trending topics in crypto and blockchain, and highlight their insights and key takeaways. There seem to be almost as many opinions about the viability and best use of Central Bank Digital Currencies […]
MAS and the NY Fed join forces for wholesale CBDC experiment
Source: The Banker The Federal Reserve Bank of New York and the Monetary Authority of Singapore (MAS) are collaborating in a project to examine the use of wholesale central bank digital currencies, or wCBDCs, for cross-border payments. The joint experiment, called ‘Project Cedar Phase II x Ubin+’, is a combination of the respective wCBDC initiatives […]
MAS Launches Expanded Initiative to Advance Cross-Border Connectivity in Wholesale CBDCs
Source: Monetary Authority of Singapore (MAS) The Monetary Authority of Singapore (MAS) today launched Ubin+, an expanded collaboration with international partners on cross-border foreign exchange (FX) settlement using wholesale central bank digital currency (CBDC). Ubin+ will focus on the following: As part of Ubin+, the following projects will be undertaken with international partners:
BIS and central banks of France, Singapore and Switzerland to explore cross-border CBDC trading and settlement using DeFi protocols
Source: BIS The BIS Innovation Hub is launching a new project around central bank digital currencies (CBDCs) and Decentralised Finance (DeFi) protocols as part of its 2022 work programme. Project Mariana explores automated market makers (AMM) for the cross-border exchange of hypothetical Swiss franc, euro and Singapore dollar wholesale CBDCs. It will seek to examine the potential […]
Protecting Privacy in New Forms of Digital Money
About the event The Digital Pound Foundation is holding the first in its planned series of Roundtable events on Wednesday 21st September at 3pm BST. The purpose of the Roundtables is to bring together experts and industry practitioners in exploring real, practical solutions to the challenges and opportunities arising from the emergence of new forms […]
Mojaloop opens CBDC centre of excellence in Singapore
Using CBDCs across borders: lessons from practical experiments
Project Dunbar: BIS Innovation Hub and central banks of Australia, Malaysia, Singapore and South Africa develop experimental multi-CBDC platform for international settlements
